Good afternoon. QQQs +95bps while China +3%. VK has the macro recap: “Treasuries are seeing huge selling pressure following the blow-out jobs report (2-year yields are spiking 18bp while 10-year yields advance 11bp). Fed expectations are repricing aggressively, with the market now assuming ~25bp cuts on 11/7 and 12/18.”
Let’s get to the recap…Have a great weekend!
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